Consumer Financial Protection Bureau.Director Acknowledges There Is Doubt About His Appointment. Richard Cordray, President Obamafs choice as director of the Consumer Financial Protection Bureau, acknowledged in a memo to staff earlier this year that there was some doubt about the validity of his recess appointment, Inside Regulatory Strategies has learned. gThere is a chance (a minor chance in my view, though everyone is entitled to his or her own opinion) that the appointment would be invalidated by a court,h Cordray said in a Feb. 6, 2012, gdear colleagueh...